3390 Old Mill RdHighland ParkIL60035
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Total monthly income runs $4,416/mo, and a $6,118/mo payment. Purchase price stands at $1,250,000, and rental yield measures 4.24% with $4,416/mo rent. Return on cash invested shows 7.77% in year one, and 5% annual appreciation builds toward $345,352 over five years. Five-year ROI reaches 38.62% and total cumulative return in cash records $156,421. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,416/mo property income covering a $6,118/mo payment rather than investor’s personal income.
Single Family
Built in 2001
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60035, Highland Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,863 (100%) |
| Owner Occupied HU | 9,703 (75.4%) |
| Renter Occupied HU | 2,277 (17.7%) |
| Vacant Housing Units | 883 ( 6.9%) |
| Median Home Value | $622,178 |
| Average Home Value | $723,407 |
Housing Distribution
Address Breakdown
Residential
12,092
Single Family
10,163
Multi-Family
1,929
Businesses
1,261
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Listed by: Noah Levy • Compass
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12552407